Arbeitspapier
The factor intensity of accession and EU15 countries' comparative advantage in the internal market
Economic relations between the European Union and the accession countries of Central and Eastern Europe (CEE) were liberalised by Europe Agreements after the early 1990s. Free trade and investment have the potential of changing the structure of countries’ trade although with some restrictions set by, inter alia, the quantity and quality of the available factors of production. The accession countries have lower labour costs coupled with a relatively well-educated labour force. We analyse the factor intensity (skilled/unskilled labour and capital) of the accession countries’ comparative advantage in the internal market in 1993-2002. Most accession countries’ comparative advantage remains less skillintensive than that of the EU15 countries. A movement towards a more skillintensive comparative advantage is shown to have been positively correlated with higher growth rates in the EU15 and the CEE countries.
- Sprache
-
Englisch
- Erschienen in
-
Series: ETLA Discussion Papers ; No. 925
- Klassifikation
-
Wirtschaft
- Thema
-
eastern enlargement
comparative advantage
factor intensity
EU-Erweiterung
Faktorintensität
EU-Binnenmarkt
Komparativer Kostenvorteil
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Kaitila, Ville
- Ereignis
-
Veröffentlichung
- (wer)
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The Research Institute of the Finnish Economy (ETLA)
- (wo)
-
Helsinki
- (wann)
-
2004
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Kaitila, Ville
- The Research Institute of the Finnish Economy (ETLA)
Entstanden
- 2004